Odaily News According to on-chain data analyst @ai_9684xtpa, the whale address 0x7c7...1F7e6 exchanged 39.67 WBTC for 1749 ETH in the past 4 hours, with an average purchase price of $2502 and a total value of approximately $4.37 million. Currently, this batch of ETH has been transferred to the address 0x0EA...34a54.

Odaily News The CEO of the chain game Battle for Blockchain announced that the chain game development company Minters Dev will be closed soon, and its game Battle for Blockchain will be officially shut down after entering maintenance mode in the next 30 days. Founded in 2022, the company has successfully launched two fully chained games on the mainnet and developed a number of products for top cryptocurrency clients. Although Battle for Blockchain has attracted 700+ daily active users and a 7-day retention rate of 48%, the team faces multiple difficulties such as funding shortages, technical challenges and market competition. The founder said that the excessive growth of automated activities in the game led to user loss and falling token prices, forming a vicious cycle, and eventually the team was unable to continue to maintain operations.

Odaily News The Bank of Korea has suspended the second phase of testing of its CBDC project due to an increase in complaints from participating banks and heated discussions on the legislation of the Korean won stablecoin. Currently, nine banks including KB Kookmin, Shinhan, and Hana are participating in discussions on the issuance of open blockchain and stablecoins, and Busan Bank and others are also planning to join. At the same time, banks are working with non-bank institutions such as Hashed to promote stablecoin business, benefiting from the lower entry threshold of the Virtual Assets Basic Law. (Maeil Business Newspaper)

Odaily News According to Onchain Lens monitoring, two addresses suspected to belong to the same entity once again deposited a total of $16.51 million to HyperLiquid and opened a HYPE long position with 5x leverage. Previously, the whale had accumulated a loss of $5.6 million.

Odaily News According to the monitoring of on-chain data analyst @ai_9684xtpa, the whale address that has built a position of 4026.47 ETH since June 10 transferred 2000 ETH to the exchange four hours ago, which is about 4.87 million US dollars at the current price. The recharge time of this address is almost the same as the starting point of ETH's rise this morning. The average cost of building a position for this batch of ETH is 2,598 US dollars. The selling price this time is lower than the cost price, and the estimated loss is about 324,000 US dollars. The remaining 2026 ETH held is still floating at a loss of about 178,000 US dollars.

Odaily News According to Lookonchain monitoring, two wallets 2dqEsM and E7TuGh redeemed 1 million SOL (US$139 million) 9 days ago and deposited 240,000 SOL (US$35 million) to Binance in the past 3 days.